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20130202
20130202
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KQED (PBS) 2
WETA 2
CSPAN 1
CSPAN2 1
MSNBC 1
MSNBCW 1
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
PBS
Feb 1, 2013 8:00pm PST
a fight over spending and they don't see the debt ceiling as a good lever. gwen: boy, it feels like we're going to be talking about this more. you made it very clear. i like that. it has become an article of faith in washington that common ground is the capital's most valuable and elusive real estate so it was remarkable to watch four democrats and four republicans announce that they are working together to come up with a compromise on one of society's touchiest issues -- what to do about the now 11 million people living in the u.s. illegally. >> elections. elections. the republican party is losing the support of our hispanic citizens and we realize that there are many issues on which we think we are in agreement with our hispanic citizens but this is a preeminent issue with those citizens. we cannot continue as a nation with 11 million people resaudiing in the -- residing in the issues. it has to be done in a bipartisan fashion. gwen: president obama followed up with an endorsement. >> i believe we are finally at a moment where comprehensive immigration reform is within our grasp. but
WETA
Feb 2, 2013 6:30pm EST
the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i can't explain the stock market except maybe there was a gigantic sigh of relief. the republicans aren't going to force the u.s. freshry due default and the europeans aren't going to blow themselves up economically. you see an economy that's growing -- slowly. growing is better than not growing. the europeans are trying the not growing thing. the private sector is healing. i
CSPAN
Feb 2, 2013 4:30pm EST
is under 2 percent growth. you know, if we don't resolve some of the debt ceiling and some of the spending cuts and get into some of the fiscal order that you were talking about, you're going to have that weight on it, and even though you proposed a lot of hope with japan in terms of some of the political leadership, they are still in negative growth was 7%. so now your up to 50% or so of world gdp that is a drag on the economy. how you look at, you know, the broader sense of contagion as it relates to the emerging market growth and development country growth with 50 percent of world's gdp possibly in that situation? >> i think the trade figure still at all, whether you agree with the figures of growth are not, i think the trade figures show what is happening. there is no doubt, picking one of the countries mentioned, china, i mean, china for the last of the years has been double digit growth. last year they had one of the worst years in recent memory. we will see the final figures coming out. it did not give below 7%, which i view as hard landing, but when you move from double digits down
MSNBC
Feb 2, 2013 9:00am PST
, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extre
CSPAN
Feb 1, 2013 10:30pm EST
on the debt ceiling. the last fight over the debt ceiling back in the summer of 2011. it turned out to be a terrible self-inflicted wound. our debt got down graded. i think that is part of why -- even republicans who care very much about spending are nervous to use that as a bargaining chip again. we saw how damaging bringing into question the credit worthiness of the government. the fight should not be should we pay the bill? >> there is an interesting question about in retrospect if republicans leveraging the debt limit to get a bill that cut spending by $1 to $2 trillion going forward whether that was worth it? they introduced liquidity risk. if you don't cut spending we're not going to vote for a debt limit increase. it worked. the president agreed to cut the spending by a significant amount. now, would you like that negotiation had resulted from not having made that threat? absolutely. but do you think it would have occurred? there's the difference. i would never be one to advocate that congress should not increase the debt limit. i absolutely think that they should. when this
Search Results 0 to 7 of about 8 (some duplicates have been removed)